Davis Polk is advising StoneCo Ltd. on its agreement for STNE Participações S.A., a controlled company of Stone that holds the software investments business of the Stone group in Brazil, to merge its business with Linx.
Stone is a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels.
Linx is a leading cloud-based technology company that develops and provides affordable, easy-to-use, reliable and integrated software solutions to over 70,000 retail clients across more than 100,000 storefronts with approximately R$300 billion of gross transaction volume (GTV), through a software-as-a-service (SaaS) business model.
The Davis Polk corporate team includes partners Byron B. Rooney and Daniel Brass and associates Heita Miki, Jason P. Thompson, Stephen M. Rettger and Heather Weigel. Partner Meyer C. Dworkin and associate Robert F. Smith are providing finance advice. All members of the Davis Polk team are based in the New York office.